Indiana Statutes
§ 5-20-1-14 — Authority obligations as authorized investments
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 20 HOUSING·Ch. 1 Indiana Housing and Community Development Authority
Obligations of Authority Are Authorized
Investments. Obligations issued under the provisions of this chapter are
hereby made securities in which all public officers and public bodies
of the state of Indiana and its political subdivisions, all insurance
companies, trust companies, banking associations, savings and loan
associations, investment companies, executors, administrators, trustees
and other fiduciaries may properly and legally invest funds, including
capital in their control or belonging to them. Such obligations are
securities which may properly and legally be deposited with and
received by any state or municipal officer or any agency or political
subdivision of the state for any purpose for which the deposit of bonds,
notes or obligations of the state is authorized by law.
As add
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Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined